Mercosur Turns Thirty and Shows Signs of Stress

!!!

A virtual summit on March 26, 2021, marked the 30th anniversary of the founding of Mercosur, the regional trade bloc that comprises Brazil, Argentina, Paraguay, and Uruguay (the founding members), along with a number of associate members, including Bolivia, Chile, Peru, Ecuador, Colombia, Suriname, and Guyana. Venezuela, technically a full member, remains in a kind of limbo since it was suspended in 2015. The summit was animated by clashes over the question of individual trade deals by member states. Commentators seized the opportunity to opine on Mercosur’s record—some to praise, some to condemn, and others to thread their way through the foggy middle.

To read the full content subscribe today!